South Korea Air Compressor Market Size & Outlook
South Korea air compressor market, 2018-2030 (US$M)
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South Korea air compressor market highlights
- The South Korea air compressor market generated a revenue of USD 754.3 million in 2023 and is expected to reach USD 1,102.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, stationary was the largest revenue generating type in 2023.
- Portable is the most lucrative type segment registering the fastest growth during the forecast period.
Air compressor market data book summary
| Market revenue in 2023 | USD 754.3 million |
| Market revenue in 2030 | USD 1,102.5 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Portable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Portable |
| Key market players worldwide | Ansell Ltd, Atlas Copco AB ADR, Martin Bauer Group, Cook Group, IDEX Corp, GE Aerospace, Hitachi Ltd, Kaeser Kompressoren, Stanley Black & Decker |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.0% of the global air compressor market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China air compressor market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,192.9 million by 2030.
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Air Compressor Market Scope
Air Compressor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea air compressor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air compressor market will help companies and investors design strategic landscapes.
Stationary was the largest segment with a revenue share of 61.17% in 2024. Horizon Databook has segmented the South Korea air compressor market based on stationary, portable covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Air Compressor Type Outlook (Revenue, USD Million, 2018-2030)
- Stationary
- Portable
- South Korea Air Compressor Product Outlook (Revenue, USD Million, 2018-2030)
- Reciprocating
- Rotary/Screw
- Centrifugal
- South Korea Air Compressor Lubrication Outlook (Revenue, USD Million, 2018-2030)
- Oil Free
- Oil Filled
- South Korea Air Compressor Application Outlook (Revenue, USD Million, 2018-2030)
- Manufacturing
- Food & Beverage
- Semiconductor & Electronics
- Healthcare/Medical
- Oil & Gas
- Home Appliances
- Energy
- Other Applications
- South Korea Air Compressor Operating Mode Outlook (Revenue, USD Million, 2018-2030)
- Electric
- Internal Combustion Engine
- South Korea Air Compressor Power Range Outlook (Revenue, USD Million, 2018-2030)
- up to 20 kW
- 21-50 kW
- 51-250 kW
- 251-500 kW
- over 500 kW
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Target buyers of South Korea air compressor market databook
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Our clientele includes a mix of air compressor market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea air compressor market , including forecasts for subscribers. This country databook contains high-level insights into South Korea air compressor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea air compressor market size, by type, 2018-2030 (US$M)
South Korea Air Compressor Market Outlook Share, 2024 & 2030 (US$M)
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